Wednesday, April 26, 2017

26/04/2017: Raising the bar: the Global Salmon Initiative (GSI) releases third annual sustainability report

Driving industry-wide improvements in sustainability through greater transparency and cooperation, the GSI members continue to raise the bar in industry performance by publishing the third annual sustainability report, which highlights that one-quarter of all GSI farms are now ASC certified
 


The 2016 Sustainability Report published today by the Global Salmon Initiative (GSI) features four  years’ worth of data from all 12 GSI salmon farming member companies.

Using the Aquaculture Stewardship Council (ASC) Salmon Standard as a framework, the report documents the GSI members’ environmental and social performance across 14 key sustainability indicators, and highlights improvements in responsible business practices.

Continuing to raise the bar in industry transparency, this year’s report is also the first from the GSI leadership group to include data verified by independent auditors, providing additional credibility and reassurance for stakeholders.

Highlights from the 2016 Sustainability Report include:

- Nearly one-quarter of all GSI farms now ASC certified – a 60 percent increase from 2015

- Overall preferential environmental performance of farmed salmon when compared to other livestock sectors on indicators such as carbon footprint, energy retention and protein retention

- Continuing improvements in the responsible use of feed ingredients, with the average feed conversion ratio for farmed salmon now at 1.3:1

- GSI members employ almost 20,000 people across small and rural communities globally

- Focus on ongoing positive social impact through meaningful interactions with local communities

- Move towards greater use of innovative and holistic approaches to disease management

Piers Hart, Global Head of Aquaculture at WWF commented, “We have closely followed the work of the GSI for a number of years now, and are pleased to see further significant progress towards the initiative´s goal of achieving 100 percent ASC certified farmed salmon by 2020. Setting ambitious sustainability goals remains a crucial factor for every individual company. However, sector-wide transformation can only happen through collective sustainability initiatives such as the GSI, which represents almost 50 percent of the global salmon industry. That´s why we call upon all farmed salmon producers to become ASC certified, either individually or through GSI membership. We also hope it will be an incentive for retailers worldwide to continue to offer their consumers ASC certified salmon”.

The GSI Sustainability Report also demonstrates the preferable environmental performance of farmed salmon when compared to other protein sectors – such as chicken, beef and pork – including its low, and decreasing, feed conversion ratio (the lower this ratio, the more efficient an animal is at retaining the protein and energy from feed and converting it into food for humans), and low carbon footprint.

“We want to use our combined knowledge and global reach to raise the bar when it comes to environmental and social performance not only in the farmed sector, but across the food industry as a whole”, said Per Grieg, GSI Co-Chair and Chairman of the Board, Grieg Seafood ASA.

“We want to lead by example, and demonstrate to other companies, and other sectors, that improving sustainability is a pre-competitive issue. What the GSI Sustainability Report demonstrates is that, through greater transparency and greater cooperation, it is possible to achieve change at scale which is good for the environment, and good for business”.

To view the GSI Sustainability Report, click HERE.


Read more HERE.

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